Greg Cipolaro, Global Head of Research at NYDIG, advises caution for companies holding cryptocurrencies besides Bitcoin. In a recent report, he highlighted that while companies are increasingly adding cryptocurrencies to their assets, most altcoins lack widespread adoption, raising concerns about their long-term value. Cipolaro emphasizes Bitcoin's gradual acceptance on Wall Street, contrasting it with Ethereum, which he believes is still in the early stages of acceptance by traditional finance. He suggests that treating altcoins as assets carries significant risk due to their volatility and uncertain regulatory landscape. Companies should carefully consider the potential downsides before investing in cryptocurrencies beyond Bitcoin. Diversification remains critical, but understanding the fundamental differences between established cryptocurrencies and altcoins is paramount for risk management. ```

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